Papa Johns Essays (Examples)

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Papa Johns Strategic Analysis

Pages: 7 (2158 words) Sources: 9 Document Type:Essay Document #:51025972

papa John’s is the fourth-largest pizza chain in the US, and 20th-largest quick service restaurant overall (QSR, 2018). Its total revenues for 2018 were … billion, with net income of $1.64 million, according to the company’s latest 10-K. In terms of sales per unit, QSR Magazine (2018) lists papa John’s with $968,000, higher than Little Caesar’s and Pizza Hut, but lower than Domino’s. The company has over 3300 units in total. According … number of stores in 2017 (QSR, 2018).
According to IBIS World, the pizza industry in the US is worth $47 billion, which gives papa John’s a 3.3% share. The largest competitor, Domino’s, has a 12.5% share, so there is only moderate concentration in the industry. IBIS (2019) … of buyers is high because of this. The bargaining powers of suppliers is moderate, and will be lower for a major chain like papa John’s that has some buying……

References

References

Halzack, S. (2018) Papa John’s just went from bad to worse. BNN Bloomberg. Retrieved April 7, 2019 from https://www.bnnbloomberg.com/papa-john-s-just-went-from-bad-to-worse-1.1120265

IBIS World (2019) Pizza restaurants industry in the US. IBIS World. Retrieved April 7, 2019 from  https://www.ibisworld.com/industry-trends/specialized-market-research-reports/consumer-goods-services/food-service-drinking-places/pizza-restaurants.html 

Kenton, W. (2019) Porter’s 5 forces. Investopedia. Retrieved April 7, 2019 from  https://www.investopedia.com/terms/p/porter.asp 

McCormick, M. (2018) Key success factors in a pizza business. Houston Chronicle. Retrieved April 7, 2019 from  https://smallbusiness.chron.com/key-success-factors-pizza-business-2788.html 

Navellier, L. (2009) Papa John’s – how to beat the recession with pizza. NASDAQ. Retrieved April 7, 2019 from https://www.nasdaq.com/personal-finance/papa-johns-PZZA.stm

Papa John’s Form 10-K 2018. Retrieved April 7, 2019 from  https://ir.papajohns.com/static-files/2977c391-0218-4bac-8eb2-dcabd4561cfe 

Papa John’s website, various pages. (2019) Retrieved April 7, 2019 from  https://www.papajohns.com/company/about-papa-johns.html 

QSR (2018) The QSR Top 50. QSR Magazine. Retrieved April 7, 2019 from  https://www.qsrmagazine.com/content/qsr50-2018-top-50-chart

 

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